St. Mary’s Bank helps meet challenge of paying for college with member scholarships

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MANCHESTER, NH —To help students meet the challenge of paying for college, St. Mary’s Bank proudly announces the creation of St. Mary’s Bank Scholarships.

Available to current St. Mary’s Bank members in good standing, this fund offers three $1,000 scholarships and four $500 scholarships for the 2017-2018 academic year.

“New Hampshire is known for many ‘first in the nation’ attributes, but unfortunately, the Granite State is also first in the nation for student loan debt, with an average of $36,101 for a four-year education,” explains Ron Covey, President and CEO of St. Mary’s Bank. “We are committed to helping our next generation achieve their dreams of higher education without taking on large amounts of student debt.”

Applicants must be enrolled at least half-time in a degree-granting college or university, provide a brief essay on a choice of topics, and share a little about themselves. St. Mary’s Bank’s Community Outreach Committee will review all applications and select the scholarship recipients.

Members are encouraged to apply at Deadline to apply is May 31, 2017.

About St. Mary’s Bank

Founded in Manchester, New Hampshire, in 1908, St. Mary’s Bank is the first credit union in the nation. It makes progressive financial products and services available and affordable to consumers and businesses. Members enjoy excellent service, competitive rates, low fees, and state-of-the-art banking services. Headquartered in Manchester, New Hampshire, St. Mary’s Bank has locations in Manchester, Hudson, Londonderry, Milford, Nashua, and Concord. For more information, call 1-888-786-2791 or visit

About Carol Robidoux 5785 Articles
Journalist and editor of, a hyperlocal news and information site for Manchester, NH.